1.1. Timeline Figure 2: HSBC’s Timeline from the origin to 2013 Introduction The bank has survived the booms and depressions in the financial markets. It has a presence in over 87 countries globally. It is organized into four corporate groups; Global banking and Markets, Retail Banking, Commercial Banking and Wealth Management; as well as, Global Private Banking (HSBC Sustainability Report 2011). It also has a double primary listing at both the London and Hong Kong Stock Exchange and it is a component of the FTSE 100 Index.
The bank nationalized on 19 Jul 1969. In the year 2015, BOB officials alleged for transfer of Rs.6172 cores in foreign exchange made to Hong Kong through newly opened accounts in the Ashok Vihar Branch. History From 1908 to 1959, Maharaja Sayajirao Gaekwad-III set up Bank of Baroda with other industries such as Sampatrao Gaekwad, Ralph Whitenack, Vithaldas Thakersey, Tulsidas Kilachand and NM Chokshi. After 02 years, Bank of Baroda’s first branch is sets up in Ahmedabad. In 1953, bank opens his overseas branches in Kenya and Uganda to serve the Indians.
These three banks were amalgamated in 1920 and The Imperial Bank of India was established on the 27th Jan 1921, with the passing of the SBI Act in 1955, the undertaking of The Imperial Bank of India was taken over by the newly constituted SBI. The Reserve Bank which is the Central Bank was created in 1935 by passing of RBI Act 1934, in the wake of swadeshi movement, a number of banks with Indian Management were established in the country namely Punjab National Bank Ltd, Bank of India Ltd, Canara Bank Ltd, Indian Bank Ltd, The Bank of Baroda Ltd, The Central Bank of India Ltd. On July 19th 1969, 14 Major Banks of the country were nationalized and in 15th April 1980 six more commercial private sector banks were also taken over by the government. The Indian Banking industry,
The goal of this year is learning about international business to adapt with real life’s situations and being part of Chinese society. Forth year This is the last year at Jimei University, so I would like to be participated in University’s activities more than the last three year. Also, I prefer to apprentice in jobs that is taught me about the variety and the reality of working. Finally, I would like to graduate with full knowledge about everything that I will have learned inside and outside class this year to be my base to be a great adult who can be successful and help people who are needed to have better
HSBC has offices in 86 countries around the world. The main services it provides in Egyptian market are personal and business banking, as well it provides borrowing, investment and transfer services. The main strength that HSBC has always been an innovative bank by providing different kinds of loans, Internet banking, etc. As well HSBC has built a strong brand position in the financial
INTRODUCTION The company that our group members have choose is RHB bank. RHB bank is one of the biggest financial services group in Malaysia due to its long time history, its famous products given and the customer services. Many kind of the products and services has been provided bt the RHB bank such as retail banking, business banking, transaction banking, investment banking, offshore banking, Islamic banking as well as treasury. The head office of the RHB bank is at Kuala Lumpur, Malaysia. The location for head office is Level 9, Tower 1, RHB Centre, Jalan Tun Razal, 50400, Kuala Lumpur, Malaysia.
The brand is also available in store chains like Fahasa and penetrated into B2B (Big Corporates, Banks, etc.) with special programs. Specific channels: Double A Copy Center-DACC, Double A Copy Member-DACM which are conceptual models originally generated from Head Quarter & Singapore branch and applied successfully in Thailand, Singapore, South Korea, Taiwan, Hong Kong also then executed in Vietnam since 2011 contributes nearly 15-20% of total sales volume. Copy Center is a store who provides photocopying, printing and other professional related services. The modern channels whose short form are DACC, DACM are a model of innovative chain of modern and professional Double A branded
This impacts the present deployment of workers from the Philippines to Hong Kong particularly on domestic workers and most likely in the future too. This paper describes Hong Kong’s various types of immigration policy for foreign skilled and unskilled workers. It shows that Hong Kong’s immigration policy is market-driven conveniently designed to benefit and strengthen its own economic interests. It is selective since it gives favorable work contracts to the best and the brightest, a stark contrast on how it treats their foreign non-skilled workers who are in greater number. This is similar policy and approach being pursued by most Organization for Economic Co-operation and Development (OECD) labor receiving countries.
The bank was under private ownership and control till 1969 when it was nationalized along with 13 banks. Bank of India is an Indian state-owned commercial bank with headquarter in Mumbai. Government owned bank as well as India’s 4th largest PSU banks after State Bank of India, Punjab National Bank and Bank of Baroda. Beginning with a paid-up capital of Rs. 50 lakh and 50 employees, the bank has made a rapid growth over the year.
EXECUTIVE SUMMARY The project is intended to standardize the credit appraisal process followed at Indian Overseas Bank to make it more effective in terms of final loan decision making. The major area of concern for the commercial lending division at IOB is the high NPA which was reported to be 7.35% (gross) by the end of October, 2014. Another problem that the bank faces is the proper role/duty allocation for each level of authority that is involved in the credit appraisal process. This is required to identify the responsible person when any account becomes NPA and take rectification actions accordingly. Credit appraisal is most important to target as it is the root where a good or bad decision can be made.